Thursday, February 19, 2009

2/19 Reuters: U.S.

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New U.S. health insurance program envisioned
February 19, 2009 at 2:00 am

WASHINGTON (Reuters) - A prominent private U.S. health policy group on Thursday proposed creating a major new public health program and government-operated insurance exchange as part of a plan to expand coverage and rein in health care costs.

Many seek their money as Stanford fallout spreads
February 19, 2009 at 12:31 am

ST. JOHN'S/CARACAS (Reuters) - People scrambled on Wednesday to get back their money from firms linked to Texas billionaire Allen Stanford, as fallout from U.S. fraud charges against him spread from the United States and the Caribbean to Latin America and Europe.

Mammoth skeleton found nearly intact in Los Angeles
February 18, 2009 at 11:39 pm

LOS ANGELES (Reuters) - The nearly complete skeleton of a massive Columbian mammoth who died during the last ice age has been dug out of a construction site near the La Brea Tar Pits in downtown Los Angeles, a remarkable find even in the fossil-rich area, scientists said Wednesday.

Octuplets' grandmother faces foreclosure threat
February 18, 2009 at 11:22 pm

LOS ANGELES (Reuters) - The grandmother of California's newborn octuplets faces the threat of foreclosure on the house she has shared with her daughter and six of her grandchildren, property records revealed on Wednesday.

As UAW faces hard times, pioneers recall glory days
February 18, 2009 at 8:43 pm

CLIO, Michigan (Reuters) - As the U.S. auto industry struggles to survive by cutting plants, brands and workers, the wage and benefit concessions won by the United Auto Workers union through decades of aggressive representation and negotiations have come under siege.

Bloomberg spurs laid off Wall Streeters to start companies
February 18, 2009 at 7:40 pm

NEW YORK (Reuters) - Mayor Michael Bloomberg, an ex-trader on Wall Street who became a billionaire entrepreneur, on Wednesday offered new incentives to tens of thousands of laid-off Wall Street workers to become entrepreneurs themselves.

Florida jury awards $8 million in tobacco lawsuit
February 18, 2009 at 7:35 pm

MIAMI (Reuters) - A Florida jury awarded $8 million on Wednesday to the widow of a smoker whose death was caused by his addiction to cigarettes, in a major potential legal setback for tobacco company Philip Morris.

Man charged in Canadian fraud case will leave U.S.
February 18, 2009 at 7:29 pm

PORTLAND, Oregon (Reuters) - An investment advisor accused of orchestrating a multimillion dollar fraud in Canada will not fight extradition from the United States, a U.S. court was told on Wednesday.

NY Post chimp cartoon draws race controversy
February 18, 2009 at 5:50 pm

NEW YORK (Reuters) - African Americans criticized a New York Post cartoon as racist Wednesday, saying it likened President Barack Obama to an ape -- a potent image in the history of racism toward blacks.

Swiss ready to pass UBS client data to U.S.: report
February 18, 2009 at 4:00 pm

ZURICH (Reuters) - Swiss officials have decided to allow UBS to hand over some client data to U.S. tax officials, weakening the country's strict bank secrecy laws in an effort to end a damaging probe into its biggest bank, a Swiss newspaper reported.

Wall St capital jobs at risk, New York woos start-ups
February 18, 2009 at 3:38 pm

NEW YORK (Reuters) - Wall Street's capital markets groups will bear the brunt of the financial service sector's job losses in the current downturn, shedding 57 percent of this industry's jobs, Mayor Michael Bloomberg said on Wednesday.

Stanford whereabouts unknown after charges: SEC
February 18, 2009 at 3:27 pm

WASHINGTON (Reuters) - Federal regulators said on Wednesday they do not know the whereabouts of billionaire Texas banker Allen Stanford, charged with a "massive" $8 billion international financial fraud.

U.S. meat label idea may revive Canada trade spat
February 18, 2009 at 3:16 pm

WASHINGTON (Reuters) - Agriculture Secretary Tom Vilsack's proposal for unofficial changes to country-of-origin labels on meat sold in U.S. stores may re-ignite a cattle trade dispute with Canada, two farm lobbyists said on Wednesday.

Harvard to offer early retirements to save money
February 18, 2009 at 3:02 pm

BOSTON (Reuters) - Harvard University, the world's richest, said on Wednesday that it will hold salaries flat for the next academic year, let staff retire early and slow construction of a new campus in Allston to save money.

Alabama's Jefferson County seeks time over debt
February 18, 2009 at 2:27 pm

BIRMINGHAM (Reuters) - Alabama's Jefferson County asked a federal court on Wednesday to give it more time to negotiate with creditors to avoid what could be the largest municipal bankruptcy in U.S. history.

Third trial of Sears Tower plot begins in Miami
February 18, 2009 at 2:17 pm

MIAMI (Reuters) - Six men plotted in a poor Miami neighborhood to join al Qaeda and wage war against the United States, a U.S. prosecutor told jurors Wednesday at the opening of the third trial of an alleged scheme to blow up Chicago's Sears Tower and U.S. government buildings.

U.S. forensic crime labs need major reform: experts
February 18, 2009 at 1:31 pm

WASHINGTON (Reuters) - U.S. forensic crime labs are producing unreliable evidence at a time when popular television shows are raising expectations, experts said Wednesday.

U.S. charges Allen Stanford with "massive" fraud
February 18, 2009 at 8:15 am

HOUSTON/ST JOHN'S, Antigua (Reuters) - Texas billionaire Allen Stanford and three of his companies were charged with "massive" fraud on Tuesday as federal agents swooped on his U.S. headquarters.

Will things get better for next U.S. generation?
February 18, 2009 at 4:38 am

DALLAS (Reuters) - Kim Bischof is entering the U.S. job market after she finishes college in May with a degree in special education and is confident that the "American Dream' is still alive for her, recession be dammed.

Al Jazeera fights "myths" in North American push
February 18, 2009 at 4:01 am

NEW YORK (Reuters) - Al Jazeera is starting a public relations campaign to dispel what it calls myths and misperceptions that have prevented it from reaching more U.S. and Canadian viewers, the international television news network said on Tuesday.

Wal-Mart slashing price on its prepaid MoneyCard
February 18, 2009 at 2:16 am

NEW YORK (Reuters) - A year and a half after introducing its MoneyCard, Wal-Mart Stores Inc is slashing the price of the reloadable, prepaid Visa debit card to $3 from almost $9, aiming to attract shoppers who may have grown wary of the pitfalls of credit card use.

U.S. jury finds rancher liable in vigilante trial
February 17, 2009 at 11:05 pm

PHOENIX (Reuters) - A U.S. federal jury awarded more than $70,000 in damages to a group of illegal immigrants who claimed they were held at gunpoint by an Arizona rancher after slipping over the border from Mexico five years ago.

Law firm Debevoise hires ex-US attorney general Mukasey
February 17, 2009 at 10:56 pm

NEW YORK (Reuters) - Former U.S. Attorney General Michael Mukasey will join Debevoise & Plimpton LLP as a litigation partner later this month, the law firm said on Tuesday.

I took drugs for an energy boost: Rodriguez
February 17, 2009 at 9:13 pm

TAMPA, Florida (Reuters) - Alex Rodriguez initially believed using performance-enhancing drugs would give him an energy boost, the scandal-scarred New York Yankees slugger said Tuesday.

Los Angeles nears water rationing
February 17, 2009 at 9:10 pm

LOS ANGELES (Reuters) - With a recent flurry of winter storms doing little to dampen California's latest drought, the nation's biggest public utility voted on Tuesday to impose water rationing in Los Angeles for the first time in nearly two decades.
 

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